Bayforest Capital Ltd increased its position in shares of Arrow Electronics, Inc. (NYSE:ARW – Free Report) by 653.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,650 shares of the technology company’s stock after purchasing an additional 5,767 shares during the period. Bayforest Capital Ltd’s holdings in Arrow Electronics were worth $847,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC boosted its stake in Arrow Electronics by 201.3% in the 1st quarter. GAMMA Investing LLC now owns 2,597 shares of the technology company’s stock valued at $270,000 after buying an additional 1,735 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Arrow Electronics in the 1st quarter valued at $356,000. Simon Quick Advisors LLC acquired a new stake in Arrow Electronics in the 1st quarter valued at $203,000. NorthCrest Asset Manangement LLC boosted its stake in Arrow Electronics by 12.0% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 5,766 shares of the technology company’s stock valued at $599,000 after buying an additional 618 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Arrow Electronics by 33.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,864 shares of the technology company’s stock valued at $1,232,000 after buying an additional 2,982 shares in the last quarter. 99.34% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Arrow Electronics
In other news, CEO Sean J. Kerins acquired 8,630 shares of Arrow Electronics stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $114.91 per share, with a total value of $991,673.30. Following the completion of the transaction, the chief executive officer directly owned 122,408 shares of the company’s stock, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.80% of the stock is owned by corporate insiders.
Arrow Electronics Stock Up 0.2%
Arrow Electronics (NYSE:ARW – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.40. Arrow Electronics had a return on equity of 8.37% and a net margin of 1.64%.The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the company earned $2.78 earnings per share. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. As a group, equities analysts predict that Arrow Electronics, Inc. will post 10.57 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms have commented on ARW. Wall Street Zen raised Arrow Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Weiss Ratings restated a “hold (c)” rating on shares of Arrow Electronics in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $115.75.
View Our Latest Analysis on ARW
Arrow Electronics Company Profile
Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.
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